Exercise $3-8$A $($Static$)$ T$-$accounts and the accounting equation LO $3-1$

Required

Record each of the following Fred Company events in T$-$accounts:

a$.$ Received $$20,000$ cash by issuing common stock.

b$.$ Purchased supplies for $$1,000$ cash.

c$.$ Purchased land for $$10,000$ cash.

d$.$ Performed services for $$3,200$ cash.

Complete this question by entering your answers in the tabs below.

Record the event in T$-$accounts: Received $$20,000$ cash by issuing common stock.